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Index Trend Analysis Report

Prepared for you on Tuesday, August 11, 2020.

Dow Jones U.S. Banks Index (INDEX:DJUSBK)

Crossroads (+60) - DJUSBK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid DJUSBK?

MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSBK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

INDEX_DJUSBK
Open High Low DJUSBK Price Change
363.08 370.35 360.10 361.50 +8.33
Entry Signal

MarketClub’s Trade Triangles for DJUSBK

long term down The long-term trend has been DOWN since Feb 24th, 2020 at 479.41

intermediate term up The intermediate-term trend has been UP since Jul 23rd, 2020 at 345.19

short term up The short-term trend has been UP since Aug 5th, 2020 at 339.81

Smart Scan Analysis for DJUSBK

Based on our trend formula, DJUSBK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for DJUSBK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
363.08 370.35 360.10 361.50 +8.33
Prev. Close Volume Bid Ask Time
337.31 300082009 2020-08-11 17:58:43
52wk High517.8452wk High Date2018-01-29
52wk Low419.3152wk Low Date2018-10-24
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